Stock-Split Watch: Is Booking Holdings Next?
Stock splits appear to have recently come back into favor. After supporting four-figure stock prices for years, both Alphabet and Amazon have announced plans for 20-for-1 stock splits in the coming months. These moves will take each stock to a nominal price of under $200 per share. It also potentially makes them eligible for consideration as a Dow Jones Industrial Average stock.
Although Booking Holdings (NASDAQ: BKNG) is not a likely choice for the Dow, its approximate $2,000 per share price makes it a possible split candidate as well. The company's management has not publicly proposed such a split. Nonetheless, the stock's history, as well a recovery in the travel sector, highlight some reasons why a possible split may offer an added boost to the travel stock.
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Source Fool.com
